NCL BUILDTEK LIMITED, (Formerly known as NCL ALLTEK & SECCOLOR LIMITED) is a part of NCL Group. The company has expanded its product portfolio to AAC Blocks, Dry-Mix Mortars, Tile Adhesives & Flooring segments. And mainly to represent the company’s complete portfolio, the company’s name was changed to NCL Buildtek Limited.
Now NCL Buildtek Ltd is successfully working in four business verticals; NCL Coatings, NCL Windoors, NCL Wall Solutions and NCL Services.
In Coatings division, Putties, textures, wide range of emulsion paints are manufactured. In Windoors division, the company manufactures colour coated GI windows, and over a period started manufacturing ABS Doors in collaboration with KOS, South Korea, uPVC Doors & Windows in collaboration with Veka AG, Germany, and high-end Aluminium Windows in partnership with SCHUCO, Germany. AAC Blocks, Dry Mix Cement mortars & tiles adhesives come under the roof of Walls division.
NCL is the sole licensee in India for ICP plasters. Alltek was the first company to manufacture putty (acrylic) and textured paint.
Manufacturing plants and fabrication units are located in Mattapally-Nalgonda, Ratnapuri-Medak, Chopanki- Rajasthan, Vijayawada-AP, Nellore- AP, Gundlapochampally-Hyderabad, Hosur, Ghaziabad, Pune, Bhubaneswar, Visakhapatnam, Guntur, Tirupati, Trichy, Jeedimetla-Hyderabad and a state of the art R & D unit at Kandlakoya, Hyderabad. The company works with a network of over 6 Depots C&F Distributors, servicing over 1500 dealers and hundreds of builders, and Government departments (like Housing, MES, CPWD, defense, Infrastructure, etc).
NCL BUILDTEK LIMITED plans to come up with an IPO of around 300 Crore. However, due to COVID-19 pandemic, the plans are kept on hold. It will be a fresh issue of shares and promoters are also expected to offer their stake with an Offer for Sale.
CIN of NCL Buildtek |
U72200TG1986PLC006601 |
Registration Date of NCL Buildtek |
11 July 1986 |
Category / Sub-Category of NCL Buildtek |
Public Limited Company, Limited by Shares |
NCL Buildtek Registered office address |
10-3-162, 5th Floor, NCL Pearl, Sarojini Devi Road, East Marredpally, Secunderabad, Hyderabad-500026 |
NCL Buildteke Registrar & Transfer Agent address |
Venture Capital And Corporation Investment Private Limited 12-10-167, Bharat Nagar,Hyderabad - 500 018 |
|
Name and Description of main products / services |
NIC Code of the Product/service |
% to total turnover of the company |
|
Spray Plasters |
20229 |
20.30% |
|
Doors & Windows (Steel & UPVC) |
22209 |
48.95% |
|
Fly ash Bricks |
26931(3204) |
14.41% |
Mrs. Rajni Mishra (Chairperson)
Mr. K. Madhu (Vice Chairman)
Mr. Ashven Datla (Vice Chairman)
Mr. Kamlesh Gandhi (Independent Director)
Mr. D. Niranjan Reddy (Independent Director)
Mr. K. Narasaraju (Independent Director)
Mr. K. Ravi (Director)
Mr. P. Aditya Krishna Varma (Executive Director)
Mr. K. Satya Subram (Executive Director)
Mr. K.A. Reddy (Joint Managing Director)
Mr. Bh. Subba Raju (Managing Director)
|
Name of the Company |
Subsidiary/Associate |
% of shares held |
|
NCL ASL Services Pvt. Ltd. (Formerly Span Tile Manufacturing Company Private Limited) |
Subsidiary |
100% |
|
NCL Veka Ltd (Formerly NCL Wintech India Limited) |
Associate |
23.7% |
|
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Promoter and promoter groups |
79,28,984 |
68.53% |
|
2 |
Public Shareholding |
36,40,752 |
31.47% |
|
|
Total |
1,15,69,736 |
100% |
Covid 19 pandemic impacted the Construction Industry very intensely. Construction Industry employs nearly 5.1 Crore people (the second largest employer in the country) and it contributes around 9% to the country’s GDP. The Construction Industry in India is expected to see a steep upside curve in FY 2021-2022. The constructions sector is expected to increase by 11-12% in 2021.
The growth will mainly be driven by investments in residential, infrastructure and energy projects under flagship programs such as the 100 Smart Cities Mission, Housing for All 2022, the Atal Mission for Urban Rejuvenation and Transformation (AMRUT), the National Skill Development Mission (NMSD), Pradhan Mantri Gram Sadak Yojana (PMGSY), Make in India, and Power for All (PFA) by Indian Government.
According to the data released by Department for Promotion of Industry and Internal Trade Policy (DPIIT), construction is the third-largest sector in terms of FDI inflow.
The budget 2021 has proposed to set up a DEVELOPMENT FINANCIAL INSTITUTION (DFI). It will be called as National Bank for Financial Infrastructure and Development, which is expected to have an initial capital base of Rs. 20,000 Crore. This would enable FPIs to debt finance REITs, which would likely assist cash stressed real estate sector.
India’s Union Budget 2021 – 22 has given a major boost to the country’s construction industry with a planned capital expenditure of US$75.8 billion, which is an increase of 34.5% from last year’s budget.
In addition, to facilitate growth, Indian Government has relaxed foreign investment norms for the industry by allowing 100% FDI under automatic route in completed projects for operations and management of townships, malls/shopping complexes, and business constructions.
The country’s urban population is expected to be 50 percent of the total population by 2025. This will be a definite boost to Construction Industry. The real estate sector in India is expected to be valued at US$1 trillion by 2030 and is expected to contribute approximately 13% to India’s GDP by 2025.
In 2019, 2.61 lakh units of houses were sold. From July 2020 to September 2020, housing sales in eight major cities in India increased 2.5 times from 9,632 units in the previous quarter to 33,403 units, indicating a healthy rebound.
